are you optimistic for these shares :
citbq
lehjq
lehpq
i'm a little scared by lehman because for cit case, they cancel common and if i understand good preferred are going to receive CVR
thay cancel common despite A > L.
in lehman case what will be the end of the game ?
everybody on this ihub website believe in full face value
but look at the cit case, the creditors emerge with new stocks and preferred with may be only CVR
what 's about lehman ? i hope we are not in a bankrupcy scary movie
if the judge make the spin of first quarter as i heard previously, what are we going to get ?
if you are the judge you look the quotation and may be decide to give nothing to common and preferred even if A > L like in the CIT case
i hope of course to see full face value for citbq too
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